Karman Space & Defense Acquires CRG’s MG Resins

Karman Space & Defense, backed by Dallas-based private equity firm Trive Capital, has partnered with CRG to acquire the MG Resin family of technologies formerly marketed through Mach 5 Materials. The acquisition of MG Resins represents a significant expansion of Karman’s core competencies in integrated composite systems for space and defense applications and assures their leadership in the carbon/carbon market.

CRG developed the patented MG family of resins to address the growing need for ultra-high-temp materials with higher char yields, improved processability, and reduced cycle times. CRG designed an innovative solution that enables the production of best-in-class, high-strength carbon-carbon parts at temperatures above 1200 °C.

Karman Space & Defense is one of the largest independently owned suppliers of mission-critical flight hardware and complex sub-assemblies to the space, missile, and hypersonic markets. They provide design and engineering, precision machining, large part forming, high-temperature and structural composite material processing, and sub-assembly services, while actively adding new capabilities in collaboration with customers.

Pat Hood, CEO of CRG, commented, “We are excited to partner with Karman and believe their set of differentiated capabilities, capacity and talented team makes them the right strategic partner to deliver the MG Resin value proposition to customers across the space, missile, defense and hypersonic supply chains. We believe joining forces with Karman will accelerate the commercialization of carbon-carbon technologies, and we look forward to creating value for customers.”

Read the press release here.